diff --git a/evangelism/episodes/episode_9.md b/evangelism/episodes/episode_9.md new file mode 100644 index 0000000..29b98ca --- /dev/null +++ b/evangelism/episodes/episode_9.md @@ -0,0 +1,96 @@ +# Operation Saylor - Episode 9/120 + +Hi again and welcome to another episode of the Operation Saylor. This is update number 9, corresponding to March +2023. + +If you are reading this for first time, you might want to check [Episode 1](https://stacker.news/items/47539), where my +plan and details are explained. That will get you in context. + +--- + +## Stats + +- BTC stack: 1.4692 BTC +- € stack: 70.40 € +- Current total value in €: 38,735.34 € +- € into BTC: 30,000 € +- Paid back to bank: 2,929.60 € *** +- Outstanding debt: 41,014.73 € +- Installments to go: 112 + +## Charts + +[![episode-9-stack-value-vs-debt.png](https://i.postimg.cc/3xR6ZbjB/episode-9-stack-value-vs-debt.png)](https://postimg.cc/GHWqLK58) + +[![episode-9-bitcoin-stack.png](https://i.postimg.cc/Dy5HLKG0/episode-9-bitcoin-stack.png)](https://postimg.cc/qzh1HSjH) + +--- + +## Log + +Another month drops by, a few banks are gone. March has definitely been an exciting month in terms of fiat crumbling. +And we still have a few days left, so we might need a bit more popcorn to get till the end of the show. + +A few days ago I was discussing the whole shitshow with a bitcoiner friend of mine. She said she was enjoying it and +was excited to see more banks being hit by bank runs and the common public suddenly coming to understand that fiat +money isn't much more than words written with smoke. + +As much as I fully understood her excitement (and I share it to some degree), I couldn't help but feel like Ben +Rickert in The Big Short as he headsout of the Vegas casino with his mentees. "Just don't fucking dance". I see a lot +of Bitcoiners rooting for a hardcore collapse of the fiat system that suddenly slingshots us into a forced +hyperbitcoinization. I find this worrying and a sign of ignorance, teenager like euphoria and short-sightedness. + +I think the consequences of a break-neck paced hyperbitcoinization would be terrible. Obviously, hodlers would see +their networth skyrocket in the blink of an eye. But what would be the price to pay? Who's better off: the average +Joe of the current fiat system, or the richest man in Mad Max land? + +I state the previous question assuming a sudden switch from the fiat standard to the bitcoin standard would have +apocalyptic effects on today's economy. Humans and other things that exist in meatspace, unlike software, data and +things that appear on screens, take time to change and can only adapt so fast to change. Picture our economy like a +natural ecosystem. Full of individual components that interact with each other in complex and hard to predict ways. +The cantillionares in the system would be this kind of parasite that is plugged into every living creature in this +ecosystem, corrupting and weakining everything it touches. Nevertheless, it is a part of this natural +ecosystem. It has placed itself in a central position, where it sucks life from many places and pukes it back into +others, taking a cut for its own benefit in the process. Even if it's a net negative for the overall health of the +ecosystem, it has become part of it. Somekind of an evil backbone. + +What would happen if you cut all its tentacles swiftly? How many parts of the ecosystem would die without it? How long +would it take to have nature heal itself into its old glory? Coming back to real world terminology: how would our +complex supply chains keep the lights on if many banks fail in a month? How many people would stop working in the +face of not receiving their paychecks? How many suppliers would remove to send good to their customers without +receiving payments first? How many treasuries would suddenly vanish into the vod? How big of chunk of international +trade would come to a halt in the confusion that would derive from the USD dominance falling apart? + +I think we shouldn't hope for the world to suddenly blow to shit just to see Bitcoin succeed overnight. Let's think +longterm. Let's think: how can we maintain and take care of all the great technical, social and intellectual +capital that we have built up to today, while getting rid of the cantillionare tentacles and shifting to a bitcoin +standard? + +I'll tell you what I'm hoping for: I hope they print. I hope they print like there's not tomorrow. I hope they +bailout every single bank that shakes a tiny bit. Not because it is the right thing to do, we perfectly know it +isn't. Instead, I root for the printer because I believe it will do two things: on one hand, it will buy us more +time. More time to let bitcoin and the great technologies that surround it grow and mature. More time to bring more +young kids to the world, that will see bitcoin as a force of nature like the sun, since it will have existed "since +always" for them. More time for bitcoiners to keep on orange pilling all over the world, and specially in those +places where it's needed the most. More time to make circular economies come to life, creating patches of this +natural ecosystem that remain free of the cantillionaire monster and will do just fine once it dies. On the other +hand, uber-printing will through more gas into the fire of inflation, which is one of the great problems that +bitcoin is trying to solve. This will give everyone even more motivation to jump into the bitcoin wagon. + +That will be it for this month. I wish you the best for the rest of march and I hope you have your popcorn ready. + +--- + +## Previous episodes + +- Episode 1: [https://stacker.news/items/47539](https://stacker.news/items/47539) +- Episode 2: [https://stacker.news/items/61708](https://stacker.news/items/61708) +- Episode 3: [https://stacker.news/items/71794](https://stacker.news/items/71794) +- Episode 4: [https://stacker.news/items/83670](https://stacker.news/items/83670) +- Episode 5: [https://stacker.news/items/98216](https://stacker.news/items/98216) +- Episode 6: [https://stacker.news/items/111818](https://stacker.news/items/111818) +- Episode 7: [https://stacker.news/items/124601](https://stacker.news/items/124601) +- Episode 8: [https://stacker.news/items/140816](https://stacker.news/items/140816) + +*** You might have noticed this amount hasn't changed since episode 8. I made a mistake on episode 8. This month +figure is fine, and episode 8's should have been 2,563.40€. \ No newline at end of file diff --git a/evangelism/images/episode_8_bitcoin_stack.png b/evangelism/images/episode_8_bitcoin_stack.png new file mode 100644 index 0000000..6c210eb Binary files /dev/null and b/evangelism/images/episode_8_bitcoin_stack.png differ diff --git a/evangelism/images/episode_8_stack_value_vs_debt.png b/evangelism/images/episode_8_stack_value_vs_debt.png new file mode 100644 index 0000000..01e8f8e Binary files /dev/null and b/evangelism/images/episode_8_stack_value_vs_debt.png differ diff --git a/evangelism/images/episode_9_bitcoin_stack.png b/evangelism/images/episode_9_bitcoin_stack.png new file mode 100644 index 0000000..55276a6 Binary files /dev/null and b/evangelism/images/episode_9_bitcoin_stack.png differ diff --git a/evangelism/images/episode_9_stack_value_vs_debt.png b/evangelism/images/episode_9_stack_value_vs_debt.png new file mode 100644 index 0000000..c73b754 Binary files /dev/null and b/evangelism/images/episode_9_stack_value_vs_debt.png differ diff --git a/register.xlsx b/register.xlsx index 1b6d63c..efba72f 100644 Binary files a/register.xlsx and b/register.xlsx differ